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This newspaper page contains 12 articles. Subscribers can read the full text of each article.
Newspaper
Atlanta Georgian
Location
Atlanta, Georgia, United States of America
Date
Aug 18, 1906
Page
7
The market shows a weak tone across centers with New York settling 16 to 22 points lower and prices slumping since last Saturday. Prices edged off lows but remained weak as traders anticipate further declines. The producer holds sway, not bound to sell at dealer paper quotes, amid hopefuls of lower spot Cotton prices than deliverable futures.
Real estate ad seeks tenants for park houses near Peachtree Street. It touts wholesome surroundings cheaper than city living and highlights central park FERRO PHOSPHATE SPRINGS claimed to aid stomach or kidney trouble. Houses for rent and client list for vacant properties through Liebman Real Estate and Renting.
A fragmented classified note lists For Sale, Homes with names A. L. Hendricks and C. HM. Fisher appearing as likely sellers or contacts. No locations, prices, or dates readable. The readable text suggests a small real estate listing or classified ad segment.
Bullish floor talk and heavy buying push a Saturday rally in New York markets. Private wire reports show huge speculative activity with insiders and public buyers driving prices higher across grains, bonds, and equities as enormous volume and short covering surge through the session.
Opening steady gave way to a deep decline as locals led a broad selloff. Prices fell to new lows with October at 8.99, December 9.10, and January 9.18, while weather, crop expectations, and weak Liverpool fed bearish sentiment. later, a rally in New York saw mixed but overall bullish undertones and strong, wide trading with hopes for higher prices amid active speculation.
The weekly bulletin from the New York Tank Association lists exchanges and notes that Crienlatton pee Abott is expected. Officials and members are referenced in the circulation without additional context or dates.
Fragmentary notes from New York indicate uneven activity in the dry goods trade. Shipments of lines appear large for the week while manufacturers gripe about prices and profits. Woolen pants and silk fabrics show price resistance with softer demand.
Fragmentary report notes an Anz form, raw eccoe, and changes during N Y dealings. Se Tid aid Meptombler hints at a forthcoming event with dates and terms, but details are unclear in the readable text.
Private wire reports from New York and London describe a bullish sentiment in the stock market driven by expectations of rising dividends from Amalgamated Copper, Steel, and coal sectors. Analysts note large short interest in London curb trading and anticipate upward moves in Union Pacific, Southern Pacific, and Pennsylvania steels while week end realizations may trigger reversals.
Private wire from Chicago reports wheat futures disappointing with any bulge. US durum exports for year to June 30 near 10 million bushels, much from Duluth to Atlantic seaboard and New Orleans Galveston. European demand weak, corn liquidation broad, oats sales to France, and mixed oats scarce with good prices. Market sentiment cautious. bull outlook unlikely until Europe buys more.
Wheat closes lower as bears resist absorption of rising offers. A large 447 million bushel winter wheat crop estimate by H V Jones and weak overseas markets weigh on sentiment. Minneapolis reports strong movement for new spring wheat next week. export inquiries tentative. Corn and oats mixed, hog products narrow. primary receipts show lower year over year.
Market notes show wheat opening lower with prices easing while other grain futures hold for further direction. Traders eye demand signals as Chicago activity continues with scattered buying interest on lighter volume.
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